Russia's VEB sees no problems with liquidity by year-end

April 5, 2016 11:59 AM

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MOSCOW, April 5 Russian state development bank VEB sees no problems with its liquidity until the end of the year and expects no additional support from the finance ministry, its chairman Sergei Gorkov told reporters on Tuesday.

Gorkov replaced Vladimir Dmitriev as VEB's chairman last month after the bank amassed bad loans and was at risk of missing external debt repayments. Gorkov was previously in charge of Sberbank's foreign assets.

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